Feb Live Cattle BatFeb Live Cattle made a bullish move today creating either a three drives scenario or a possible bearish bat. Cattle needs to break 121.900 and hold steady above this line to get any traction. A fail would put us back into a horizontal three drives pattern. Since Cattle loves double tops this could also be a bearish Gartley stopping at 126.475 which is the current pivot. In coming pivot would be around 122.200. Significant trading came in at 118.850 so that would be support for this uptrend. Overbought RSI would take us anywhere between pivot 126.500, and 130.
